Norse Atlantic ASA

Norse Atlantic Airways Appoints Strategic Advisors

As referred to in the company's Q3 results, released on 31[st] October 2023,

following the interest in Norse Atlantic expressed by two airlines seeking to

explore industrial opportunities with the Company, Norse Atlantic Airways is now

pleased to announce the appointment of Seabury Securities UK limited (Seabury)

as strategic advisors to explore and guide the airline's future strategic

directions.

Seabury, renowned for its expertise in the aviation industry, will collaborate

closely with Norse Atlantic Airways to provide valuable insights and

recommendations. The aim of this appointment is to strengthen our position in

the market and enhance our strategic initiatives to meet the evolving landscape

within the aviation industry.

"We are pleased to welcome Seabury as strategic advisors. Their wealth of

experience and industry knowledge will be instrumental in exploring the

opportunities for investment, synergies and growth going forward," said Bjorn

Tore Larsen, CEO and Founder Norse Atlantic Airways.

Philip Allport

Senior Vice President Communications

Norse Atlantic Airways is an airline that offers affordable fares on long-haul

flights, primarily between Europe and the United States. The company was founded

by CEO and major shareholder Bjørn Tore Larsen in March 2021. Norse has a fleet

of 15 modern, fuel-efficient and more environmentally friendly Boeing 787

Dreamliners that serve destinations including New York, Los Angeles, Orlando,

Boston, Washington, Boston, Jamaica, Barbados, Bangkok, Miami, Oslo, London,

Berlin, Rome and Paris. The company's first flight took off from Oslo to New

York on June 14, 2022.

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